தமிழ் Pangu Sandhai टेलीग्राम पोस्ट

Stocks To Watch - 23 JAN 2025

Housing & Urban Development Corp: The company signed a memorandum of understanding with the Vadhavan Port project to explore and provide funds up to Rs 25,000 crore for the development of new ports.

Paras Defence and Space Technologies: The aerospace and defence company signed a memorandum of understanding with the Maharashtra government to invest around Rs 12,000 crore for a proposed Optics Park project over the next 10 years.

MAS Financial Services: The company is to consider investment in arm Rural Housing & Mortgage.

Waaree Energies: The company's arm Waaree Solar Americas commences commercial production of 1.6 GW Solar Module line in US.

Mazagon Dock Shipbuilders: The Navratna company clarified that there was no contract signed between them and Jawaharlal Nehru Port Authority, as was erroneously reported by media.

Balmer Lawrie & Co: The steelmaker issued an undertaking in favour of PFC for infusing funds for meeting shortfall in debt servicing of loan facility.

Zydus Lifesciences: The pharmaceutical company announced US FDA orphan drug designation to Usnoflast for the treatment of amyotrophic lateral sclerosis.

Agro Tech Foods: The CCI approves the proposed acquisition of Del Monte Foods.

Bharat Petroleum Corp: The board approved the submission of the development plan to the Indonesian regulator. An estimated investment of $121 million would commence once the development plan for the Nunukan Block, aimed at exploring oil and gas reserves, gets approved. The company is also to enter into a joint venture agreement with Praj Industries for setting up compressed biogas plants.

Laurus Labs: The US FDA issued a Form 483 with one observation to the company's US-based arm Laurus Generics.

Prataap Snacks: The company has received a letter of offer for an open offer from Authum Investment & Infrastructure and Mahi Madhusudan Kela, who plan to acquire a 26.01% stake in the company.

Mangalore Refinery and Petrochemicals: The company has entered into a lease agreement with the Indian Strategic Petroleum Reserves Ltd. for the storage of crude oil.

Bayer CropScience: The company has received a GST demand order worth Rs 2.8 crore for the period from financial year 2018 to financial year 2020 from the Telangana government.

Zen Technologies: The company received a patent grant for "T-72 Containerized Crew Gunnery Simulator System."

Afcons Infrastructure: It received a Letter of Intent from Defence Research and Development Organisation for Rs 1,084.5-crore infrastructure project.

United Spirits: The company has received a GST demand order worth Rs 1.1 crore from the Kerala government for the period between September 2017 and March 2020.

Kotak Mahindra Bank: The company board will consider raising funds by issuance of NCDs on private placement basis.

Morepen Laboratories: The company incorporated a new subsidiary Morepen Medtech Ltd.

NTPC Green: The company incorporated NTPC Rajasthan Green Energy Ltd, a 74:26 Joint Venture with Rajasthan Rajya Vidyut Utpadan Nigam Ltd.

Zee Media Corp: The company is set to consider raising funds through further public issue, qualified institutional placement, or other means.

Borosil Renewables: The company has announced 50% capacity expansion in manufacturing of solar glass.

United Breweries: The Telangana government has refused to bow to the demands of United Breweries for a substantial price hike and attributes it as companies "monopoly tactics".

NMDC: The company gets approval for incorporation of arm in Gujarat and for opening NMDC Liaison Offices at Dubai, UAE and Brisbane/Melbourne, Australia.

PI Industries: The company gets customs demand order worth Rs 82.8 crore from Maharashtra government. Order is related to classification disputes under the Customs Tariff for input material imported.

Matrimony.com: Sushanth S Pai resigns as CFO effective Feb. 17.

Stocks To Watch - 09 JAN 2025

Tata Motors: JLR shipped more cars, but fewer were registered in October-December 2024, even as supply disruptions eased.

Bharat Heavy Electricals: BHEL successfully commissioned two units of a hydroelectric project in Bhutan.

Poonawalla Fincorp: The company has approved raising up to Rs 190 crore through bonds.

MOIL: The company has received a penalty order worth Rs 16.8 crore from the Madhya Pradesh government for excess production at its Tirodi Mine.

Man Industries (India): Sanjay Agrawal has resigned from his position as chief financial officer, effective Wednesday.

National Aluminium Co: Brijendra Pratap Singh has assumed office as chairperson-cum-managing director of Nalco, effective Wednesday.

Acme Solar Holdings: The company, through its arm, has commissioned the remaining 62 MW and 28 MW solar projects in Rajasthan.

The India Cements: The company has received GST demand of Rs 7.1 crore, including fines and penalties, from Chennai Tax Authority.

Anand Rathi Wealth: The board will consider the issuance of bonus shares in its upcoming meeting.

Persistent Systems: The company will consider the declaration and payment of an interim dividend.

Orient Technologies: The company has appointed Shrihari Bhat as the chief executive officer.

Lupin: The firm has received Establishment Inspection Report with 'Voluntary Action Indicated' status from the US FDA for its Pithampur facility.

UltraTech Cement: The company received GST order worth Rs 1 crore along with interest from the Bhopal tax authority.

GMR Airports: The company has entered into a share purchase agreement to acquire shares of Bird Delhi General Aviation Services in one or more tranches.

Hindalco Industries: The company's US-based aluminium producer and subsidiary Novelis announced that its indirect wholly owned subsidiary, is proposing to offer $500 million aggregate principal amount of its senior unsecured notes due 2030 in a private offering.

Advait Infratech: The company has received a letter of intent from Gujarat Urja Vikas Nigam Ltd. for the establishment of standalone battery energy storage systems.

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Stocks To Watch - 01 JAN 2025

The India Cements: The company approved the appointment of Suresh Vasant Patil, as chief executive officer and Krishnagopal Ladsaria, as chief financial officer.

Suzlon Energy: S.Venkata Subramaniam, the chief executive officer of unit SE Forge, has resigned from the services with effect from close of business hours.

Jupiter Wagons: The company increased stake in its arm Jupiter Electric Mobility to 75% from 60%.

Dhani Services: The board approved the raising of up to Rs 406 crore through issue of convertible warrants.

Piramal Enterprises: The company made an investment of Rs 1,000 crore in arm Piramal Capital through subscribing to rights issue.

Vishnu Prakash R Punglia: The company received a contract from Hissar Builders for fabrication of FOB Steel Girder in Chakradharpur Division. The order has a total value of Rs 7.3 crore.

The Ramco Cements: The company has commissioned a Waste Heat Recovery Turbine of additional 2 MW capacity. With this commission, the waste heat power generating capacity of company’s Alathiyur cement plant has gone up from 2 MW to 4 MW and company's overall waste heat power generating capacity has gone up from 43.15 MW to 45.15 MW.

Thomas Cook: The company informed of a cyber-attack on its IT infrastructure. The company is working with cyber security experts to support the investigation, identify the extent of the issue.

Indo Tech Transformers: The company currently possesses installed capacity of 9,500 MVA with a utilization rate of 80–90%. The company enhanced its capacity by adding 6,500 MVA, bringing the total capacity to 16,000 MVA. This expansion is expected to be completed by March 2027.

GTPL Hathway: The company to acquire a balance 49% of equity stake from the existing shareholders of its arm GTPL Vision Services for a cash consideration of Rs 11.31 crore.

Indo Tech Transformers: The company received a letter of intent worth Rs 117 crore for supply of 13 numbers of 150 MVA transformers.

Jagatjit Industries: Hindustan Unilever Ltd. has decided to discontinue the agreement with Jagatjit Industries Ltd. for the manufacturing and supply of malted milk food products, viz. Boost and Horlicks, at the manufacturing unit at Jagatjit Nagar, District Kapurthala, Punjab.

Dynacons Systems: The company received a turnkey data centre IT Infrastructure augmentation project of Canara Bank worth Rs 280 crore.

Sun Pharmaceutical Industries: The company entered into an agreement with Japan-based Zaza Industrial Holdings. The company to sell 100% shares held in unit Sun Pharma Japan Technical Operations to Zaza Industrial Holdings.

Kalpataru Projects International: The company and its international subsidiaries received orders worth Rs 1,011 crore. The company's year-to-date inflows have now exceeded Rs 17,300 crores.

PNC Infratech: The company receives in-principle approval from NHAI for transfer of 100% stake held by PNC Infra Holdings in its arm to Highways Infrastructure Trust.

Prataap Snacks: The CCI has approved the proposed acquisition of 72.8% stake in Prataap Snacks by Authum Investment.

ITC: The entire shares held by the company in hotel units and joint ventures to be transferred to ITC Hotels effective from Jan. 1.

SJVN: The company signed MoU with the government of Bihar for the development of 1000 MW Hathidah Durgawati Pumped Storage Project and other PSPs in the state of Bihar.

Hazoor Multi Projects: Radheshyam Laxmanrao Mopalwar appointed as managing director for a period of five Years.

Stocks To Watch - 24 DEC 2024

Aster DM Healthcare: Nalanda Jayadev has been appointed as chief executive officer, while Aster Medcity Kochi will take over as senior consultant for forensic medicine, effective Dec. 23.

Vraj Iron and Steel: The company has successfully started commercial operation of a sponge iron plant on Monday at Village Dighoia, near Bilha Mode, Tehsil-Takhatpur, Dist. Bilaspur.

MIC Electronics: Competent Authority has approved capacity cum capability assessment for GPS location based public address and passenger information system.

Bansal Wire Industries: The company announced its new product, Hose Wire (Brass Coated Hose Reinforcement Wire), in the industrial product category.

Kirloskar Brothers: Ravish Mittal has resigned from the position of chief financial officer and KMP due to personal reasons.

MMTC: The company received a warning letter from NSE and BSE due to the non-holding of the stakeholder’s relationship committee in the year 2023-2024.

HG Infra Engineering: The company’s arm entered into a battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam for the procurement of 185 MW/370 MWh on a long-term basis.

Zaggle Prepaid Ocean Services: The company raised Rs 595 crore via qualified institutional placement. The company has allotted 1.14 crore shares at an issue price of Rs 523.2 per share, which indicates a 5% discount to the floor price.

Websol Energy System: The company placed a purchase order for equipment for capacity addition of the cell line at the Falta Plant. The new line is expected to be installed and commissioned in the first quarter of financial year 2026, and it will likely begin commercial production in July 2026.

TVS Motor Company: The company completed the acquisition of a 39.11% stake in DriveX. Post acquisition, the company’s holding in DriveX has increased to 87.38%.

PG Electroplast: The company signed an agreement with Whirlpool to contract manufacture select Whirlpool-branded semi-automatic washing machines.

IIFL Capital Services: The company's arm Livlong Protection receives a corporate agent license from IRDAI.

Bharat Forge: The company to infuse $64.5 million in its arm, Bharat Forge America.

Symphony: The company signed a second addendum regarding the loan agreement with arm Symphony AU.

Stocks To Watch - 28 NOV 2024

Hudco, NBCC (India): Housing & Urban Development Corp. signed a memorandum of understanding with NBCC (India) Ltd. for the development of a 10-acre land parcel owned by Hudco in Noida. NBCC will handle the execution of the project, which is estimated to cost Rs 600 crore.

KEC International: The company has secured an order worth Rs 1,704 crore in its transmission and distribution business from Power Grid Corp. With these new orders, the company's year-to-date order intake has reached Rs 16,300 crore.

Sonata Software: The company has received a multi-million-dollar modernisation deal in Australia from a global company.

Waaree Renewable Technologies: The company has received a term sheet for constructing work for a solar PV project worth Rs 1,233 crore.

Ujjivan Small Finance Bank: The bank has successfully sold its stressed loan portfolio, including a written-off loans pool with an outstanding value of Rs 270.4 crore as of Sept. 30, 2024, to an asset reconstruction company via the Swiss challenge method for Rs 40.6 crore.

PCBL: The Andhra Pradesh government has allocated 116.6 acres of land for the company's chemical unit. The company plans to establish a manufacturing plant in the state with an investment of Rs 3,718 crore.

Natco Pharma: The company has sold land with clear and marketable titles, covering approximately 14.4 acres in Telangana for Rs 116 crore, which includes certain infrastructure costs.

Godrej Properties: The company launched its qualified institutional placement at a floor price of Rs 2,727 per share. The floor price is at a discount of nearly 4% from current market price.

Ashoka Buildcon: The company has submitted a bid for a project with Madhya Pradesh Poorv Kshetra Vidyut Vitaran, and the accepted bid price for the project is Rs 193 crore.

Life Insurance Corp: It has filed an appeal in Maharashtra against an order demanding Rs 530 crore in goods and services tax, including interest and penalty, for fiscal 2020.

Stocks To Watch - 27 NOV 2024

Wipro: The company extended its partnership with automotive solutions company Marelli for additional four years and received a $100 million deal from Marelli.

Infosys: The company will pay 90% variable pay to its employees for the second quarter of the fiscal. This comes as the company beat market expectations in the quarter and raised its full year guidance.

Zee Entertainment Enterprises: The Arbitral Tribunal dismissed the claims made by the company and its subsidiary, Margo Networks, against Railtel Corp. The claims were related to the alleged wrongful termination of a content-on-demand agreement with Railtel Corp.

Olectra Greentech: The company gave REC guarantee for Rs 2,500 crore loan to promoter's arm.

Aster DM Healthcare: The company has entered into an agreement with the key promoters and minority shareholders of its arm Prerana Hospital (Aster Aadhar), for acquiring additional equity shares representing 13% stake of Prerana Hospital.

Adani Enterprises: The company’s arm Adani Airport holding's joint venture completed the acquisition of 74% stake of Cococart Ventures.

NTPC: The company's arm incorporated Mahagenco NTPC Green Energy as a 50:50 joint venture with the Maharashtra government for development of renewable energy projects.

Adani Green Energy: The company's arm Adani Saur Urja incorporated a wholly owned subsidiary Adani Hydro Energy Five.

Patanjali Foods: Life Insurance Corporation of India raised its stake in the company to 5.020% from 4.986%.

India Glycols: The company incorporated IGL Spirits as its wholly owned subsidiary.

Kotak Mahindra Bank: The CCI approved Kotak Mahindra Bank'sacquisition of personal loans business of Standard Chartered Bank, India Branch.

Lumax Auto Technologies: The company has acquired 60% stake in Greenfuel Energy Solutions for Rs 153 crore via arm Lumax Resources to foray into the green and alternate fuels segment.

Exide Industries: The company made an additional investment of Rs 100 crore in its arm Exide Energy. The total investment in the arm now stands at Rs 3,052 crore.

RailTel Corp.: The company has received a Rs 15 crore work order from Kakinada Smart City for the SITC, as well as the operations and maintenance of the existing Integrated Command and Communication Centre of KSCCL, Kakinada.

Sky Gold: The company has approved a bonus issue in the proportion of 9:1.

GE Vernova T&D India: The promoter will exercise the option to oversubscribe in the offer for sale.

Zaggle Prepaid Ocean Services: The company has entered into an agreement with MasterCard to recommend Zaggle SaaS platform, payment and card products to corporate customers.

Sarveshwar Foods: The company’s Singapore unit received 12,000 MT order for Indian long grain parboiled rice from Monarda Commodities. The total value of the order is for Rs 44.5 crore. The arm eyes for Rs 200 crore annual revenue.

Dabur India: The company received an updated GST demand worth Rs 321 crore including interest.

UltraTech Cement: The NCLT has approved the composite scheme of arrangement between Kesoram Industries and UltraTech Cement, along with their respective shareholders and creditors. It also authorised the allotment of NCDs worth up to Rs 1,000 crore on a private placement basis.

BLS E-Services: The company has completed the acquisition of 57% controlling stake in Aadifidelis Solutions for an enterprise value of Rs 190 crore.

BLS International Services: The company's Singapore-based subsidiary acquired Beijing Biaoshi Enterprise Consulting. BLS International FZE, a subsidiary of the company, acquired a 51% stake in its UK arm.

Can Fin Homes: The company has declared an interim dividend for Rs 6 per share.

Ola Electric Mobility: The company launched Gig and S1 Z range of scooters to democratise electric mobility. Ola Gig, Ola Gig+, Ola S1 Z, and Ola S1 Z+ starting at introductory price of Rs 39,999, Rs 49,999, Rs 59,999, and Rs 64,999, respectively.

Indian Overseas Bank: The company has received an income tax refund of Rs 1,238 crore.

bank clarified on reports stating FSIB recommendation of Binod Kumar as MD, CEO that government is yet to notify appointment.

Stocks To Watch - 26 NOV 2024

InterGlobe Aviation: The company's market share saw a slight increase, rising to 63.3% from 63% month-on-month. However, the passenger load factor experienced a small dip, decreasing from 82.6% to 82.3%.

SpiceJet: The company's market share grew to 2.4% from 2% month-on-month. The passenger load factor also saw a slight improvement, rising from 80.4% to 81%.

Zomato: The board opens the QIP and sets floor price for QIP at Rs 265.91 per share. It also received communications on liquidation of step-down arm Zomato Internet. The Zomato Internet did not have any active business operations and was under the process of liquidation.

Ashoka Buildcon: Ashoka Buildcon has secured a Rs 1,391-crore project from the National Highways Authority of India on Monday. The project involves the development of a highway in West Bengal. The company has received the "letter of award" for the project, which will be executed under the hybrid annuity model.

HDFC Life Insurance: Customer data fields were shared by an unidentified source. The company is conducting a thorough investigation, working with information security experts to determine the root cause and take appropriate remedial action. The investigation is ongoing to evaluate any potential impact, and the company is making this disclosure in the interest of good governance.

GE Vernova: Grid Equipments Pvt., a promoter of GE Vernova T&D India Ltd., plans to sell up to approximately 2.15 crore equity shares, representing an 8.38% stake, through an offer for sale across two trading days. The floor price for the offer has been set at Rs 1,550 per share, on Monday. The seller intends to sell 1.4 crore equity shares, the base offer, with a face value of Rs 2 each, representing 5.47% of GE Vernova T&D's paid-up equity share capital. This portion will be available on Tuesday exclusively for non-retail investors.

Hindustan Unilever: The board approved the demerger of its ice-cream business into an independent listed entity, based on the recommendation of the independent committee and the incorporation of a wholly owned arm for the proposed demerger of ice cream business.

Hitachi Energy India: The company received a notification of award from Power Grid for Renewable Energy Project.

Power Grid Corp.: The company has been declared as the successful bidder under the tariff-based competitive bidding.

New India Assurance Co: Income tax department to refund Rs 1,945 crore, including interest, to company for assessment years 2013–14 to 2019-20.

Gulf Oil Lubricants India: The company and Piaggio Vehicles renewed their strategic partnership agreement to extend collaboration in delivering genuine and co-branded lubricants across Piaggio's commercial vehicle segment.

Sigachi Industries: Sarweswara Reddy Sanivarapu resigned as Chairman and Independent Director to pursue new business ventures and or to take new professional assignment and opportunities.

StoveKraft: The company commissioned the newly constructed cast Iron Foundry at Harohalli factory. The foundry is built at a cost of Rs 40 crore. The foundry’s current installed capacity of 2.2 million pieces per annum and has been designed to reach 4.4 million pieces per annual in future.

Wipro: Pierre Bruno is stepping down as CEO of Europe strategic market unit and appointed Omkar Nisal as CEO of strategic market unit.

Paisalo Digital: The board is to meet on Nov. 28 to consider fundraising.

LT Foods: The company to make an investment SAR 185 million over next 5 years in Saudi Arabia.

Allcargo Logistics: The LCL volume grew by 5% year-on-year to 746 cubic meters, marking the fourth consecutive month of growth.
Meanwhile, the Full-Container-Load volume increased by 14% YoY, reaching 57 TEUs.

Edelweiss: The company has clarified that there are exploring options like stake sales in units, listing for enhancing shareholders’ value.

KRN Heat Exchanger and Refrigeration: The company acquired an additional stake worth Rs 236 crore in its arm KRN HVAC Products by subscribing to its rights issue.

Indian Bank: The